UK - NBPE to seek SFM listing
Neuberger Berman has announced plans to list its Euronext Amsterdam-quoted private equity fund-of-funds, formerly Lehman Brothers Private Equity, on the Specialist Fund Market (SFM) of the London Stock Exchange.
Following the listing, NB Private Equity Partners (NBPE)will trade in both Amsterdam and London. The private equity fund has a market capitalisation of $189m and net assets of $426m as of April 30.
Chairman of NBPE, Talmai Morgan, said in a press release statement that he expected the move would 'boost NBPE's visibility among the company's target investor base' and increase its market liquidity.
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